Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: anchorday on May 14, 2018, 01:39:51 AM
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$10 Billion Worth of Bitcoin Stored in Underground Vaults
Numerous investors are storing their Bitcoin in underground vaults all over the world to prevent the assets from being stolen. This appears to be the most hardcore “hodling” ever recorded.
A company based in Hong Kong – Xapo – provides Bitcoin wallets and cold storage services. The company holds nearly $10 billion worth of Bitcoin in its vaults, Bloomberg states.
Taking a look at the numbers, it’s about 6% of the current market cap of Bitcoin, and it belongs to a single entity. This makes Xapo one of the biggest crypto storage services in the world.
http://tokenlion.net/blog/post/122/extreme-hodling---10-billion-worth-of-bitcoin-in-underground-vaults